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Carlton's new coach will be under immediate pressure to get the most out of the AFL club's playing group, with president Luke Sayers emphatically declaring the club expect to break their finals drought in 2022.
The Blues' board, having considered a football department review that belatedly led to David Teague's sacking on Thursday, will meet on Friday to formulate a process to select the new coach.
Four-time Hawthorn premiership mastermind Alastair Clarkson has declared he will not coach next year, leaving former St Kilda and Fremantle mentor Ross Lyon as the frontrunner in the field.
Sayers refused to discuss specifics around Lyon during a media conference on Thursday, but said it would be remiss of Carlton not to contact the 54-year-old, who took both the Saints and Dockers to grand finals.
Among the key findings of the review, released by Carlton on Thursday, was the need for "stronger leadership, more experienced coaching and improvements in player development" as the Blues chase a first finals appearance since 2013.
Sayers said candidates with and without experience as a senior coach will be considered as Teague's direct replacement.
"Our expectation - based on the list that we have - we are looking to make finals in 2022," Sayers said.
"We will be leaving no stone unturned.
"We want to find a coach that we believe and have absolute confidence can get the best out of what we think is a terrific group of young men, but (whose) potential is not yet fulfilled.
"We're going to be aggressively pursuing all opportunities."
Carlton had been expected to part ways with Teague on Monday.
The Blues sharpened their axe but delayed a decision, with the under-siege coach fearing the worst as he conducted exit interviews after their 13th-placed finish.
Teague learned his fate on Thursday morning and informed players before the club made a public announcement, several hours later.
Sayers claimed in a letter to members it would have been "irresponsible to ignore the decisions that had to be made".
Dale Amos was also sacked, following fellow assistant coaches John Barker, who left mid-season, and Brent Stanton out the door.
Blues head of football Brad Lloyd and high performance boss Andrew Russell have retained their positions.
Sayers also revealed four changes to the club's board with Jeanne Pratt, Chris Judd and Christopher Townshend joining Mark LoGiudice in stepping down.
Former Carlton champion Greg Williams will take over from Judd as director of football, with Tim Lincoln, Lahra Carey and Robert Priestley also joining the board.
Teague's exit caps a messy couple of weeks and continues an unstable stretch for the Blues.
Head coaches Teague, Brendon Bolton, Mick Malthouse and Brett Ratten were cut loose by the club in the space of nine years.
"We understand our members and supporters expect more from our on-field performance and expect us to consistently win games of football," Sayers wrote to fans.
"The review has found that while the coaching group had the expertise required, it had been unable to have an effective impact on a playing group.
"It was identified that there had been confusion associated with the game plan at times and on field, the team has underdelivered in its ability to consistently defend, win the contest and apply pressure.
"These decisions are incredibly difficult.
"If we refuse to act on decisions solely because they were difficult, we would be ignoring our responsibility to the club, our members and our supporters."
Teague finishes with a 21-29 win-loss record from 50 games in charge of the Blues.
He guided Carlton to eight victories this season, their highest number in a single year since 2013, but pressure built as speculation swirled about the club's alleged pursuit of Lyon.
Last week Lyon flagged an interest in the Carlton coaching job despite there being no vacancy at that stage, prompting Teague's manager Liam Pickering to bemoan what he termed "a grubby ... set-up interview" that was "pretty poor".